13 Lean and agile supply chain Introduction With the real-time access to the Internet and search engines like Google and with the increased global competition‚ customers have more power than ever before. They demand innovative product features‚ greater speed‚ more product variety‚ dependable performance and quality at a best in class and at a competitive price. Furthermore‚ today’s discerning consumers expect fulfilment of demand almost instantly. The risk attached to traditional forecast
Premium Lean manufacturing
Applying Lean Logistics to SCM The system of interconnected businesses used to push a product from supplier to consumer is defined as a supply chain. Supply chain management (SCM)[1] focuses on managing the supply chain in an effort to improve the quality and time it requires to manufacture a product. The marriage of lean production and supply chain management creates lean supply chain management‚ which provides a much leaner and more economical supply chain for the product to flow
Premium Supply chain management Supply chain
Mc Donald’s Case Study McDonald’s is one of the best-known brands worldwide and its core business being basically fast-food; it specializes in burgers (Big Mac) and fries. While other restaurants stick to their conventional menu will rarely innovate‚ McDonald’s on the other hand has been able to adapt to the local demand in a global environment by catering their menu to the local taste. This continuous product innovation & improvement based on detailed market research has helped keeping the brand
Premium Inventory Supply chain management Food
process. During the previous process many problems may occur: delays‚ product defects‚ wrong orders…etc. Those problems will affect your company standing and the production efficiency. At the end‚ this will cost you more money and time‚ and you will not be able to satisfy your customers. Here comes the role of The Lean Tools. Lean production management was applied in the early 20th century. It is a way of looking how we do things and reducing as much errors and wastes
Premium Management Strategic management Organization
EIN 4401 Key to Sample Midterm 2 Closed book‚ Closed notes 1. (20 pts) Consider the following information about a small molding company that subcontracts to major toy manufacturers. A set of jobs‚ whose numbers indicate the order they arrived at the shop and ready to be processed are given below. Job | pi | di | 1 | 8 | 26 | 2 | 12 | 28 | 3 | 6 | 32 | 4 | 10 | 35 | 5 | 3 | 38 | 6 | 11 | 48 | 7 | 9 | 50 | 8 | 11 | 51 | 9 | 13 | 53 | 10 | 7 | 64 | a) Schedule the
Premium Time Hour
Production systems What is a production system? An apparel production system is an integration of material handling production process‚ personnel and the equipment that directs work flow and generates finished products. Different types of production systems are • Progressive bundle system • Unit production system • Modular production system Each system requires an appropriate management philosophy‚ materials handling methods‚ floor layout
Premium Lean manufacturing Toyota Production System Manufacturing
Implementation of Lean System on Erbium Doped Fibre Amplifier Manufacturing Process to Reduce Production Time T. Maneechotea and P. Luangpaiboonb Industrial Statistics and Operational Research Unit (ISO-RU)‚ Department of Industrial Engineering‚ Faculty of Engineering‚ Thammasat University‚ 12120‚ THAILAND. (email: Thiti.Maneechote@gmail.com) b Industrial Statistics and Operational Research Unit (ISO-RU)‚ Department of Industrial Engineering‚ Faculty of Engineering‚ Thammasat University‚ 12120
Premium Manufacturing Lean manufacturing
General Motors with Lean Manufacturing An Introduction of GM Global Manufacturing System Operations Management Team Project Contributed by We Make A+ (sort by number): 유형근 - 2009 050 444 오슬기 - 2010 049 712 손무화 - 2010 054 149 주시건 - 2010 059 605 김학운 - 9125 620 120 Division of Business Administration‚ Hanyang Univ. ERICA Ansan‚ December 2012 Contents Part 1.Overview of General Motors 2 1.1 Why General Motors? 2 1.2 Introduction of General Motors 3 1.3 Basic Information
Premium Toyota Production System Automotive industry Lean manufacturing
Book Review: The Hitchhiker’s Guide to Lean: Lessons from the Road “Hitchhikers don’t travel a fixed path. They intentionally wander so they can learn and change along the way. Embarking on the lean journey is similar‚ there are many roads on which to wander and no single one is right for all.” These words serve as a very intriguing introduction to the book‚ The Hitchhiker ’s Guide to Lean: Lessons from the Road‚ co-authored by Jamie Flinchbaugh and Andy Carlino and published by the Society of
Premium Character Psychology The Hitchhiker's Guide to the Galaxy
MGMT 339 TH 7-9PM Mike deVries Christian Lepore Lean Manufacturing: Classic Cable Connections The ability for a company to practice lean manufacturing is very important with respect to the businesses ability to be flexible in regards to internal operations. It allows a company to increase productivity and product quality‚ while simultaneously decreasing costs and cycle times. Lean manufacturing creates a ceaseless flow that optimizes supply to customer demand. With regards to Classic Cable Connections
Premium Sales order Purchase order Manufacturing